Did La-z-boy and These Stocks Miss or Beat Analyst Expectations?
La-Z-Boy Inc. (NYSE:LZB) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 125% to $0.18 in the quarter versus EPS of $0.08 in the year-earlier quarter. Revenue Rose 5.77% to $318.9 million from the year-earlier quarter.
La-Z-Boy Inc. reported adjusted EPS income of $0.18 per share. By that measure, the company beat the mean analyst estimate of $0.15. It missed the average revenue estimate of $323.02 million.